The Latest Breaking News from Alibaba

China's AI Powerhouse Goes Wearable

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) is strapping on its comeback story—literally. The Hangzhou, China-based tech giant has unveiled its first-ever AI-powered smart glasses, betting $52.4 billion on AI and cloud growth to reboot its image and revenues.

Benzinga · Jul 29, 2025

Alibaba's New AI Glasses Let You Pay, Navigate, And More

Alibaba Group Holding (NYSE:BABA) has entered China’s competitive smart glasses market, unveiling its first AI-powered wearable, Quark AI glasses, at the World Artificial Intelligence Conference in Shanghai.

Benzinga · Jul 28, 2025

Alibaba, Chinese Tech Firms Slash AI Model Prices To Win Developers

Alibaba Group (NYSE:BABA) stock is trading lower on Friday amid reports indicating the e-commerce juggernaut and other major Chinese tech firms have slashed the prices of AI coding models to roughly one-fifth of what leading international rivals charge.

Benzinga · Jul 25, 2025

Hong Kong Leads Stocks Higher, Yen Gains As Ishiba Vows To Stay

Equities mostly rose Monday on optimism countries will reach US trade deals before an August 1 deadline, while the yen gained after Japanese Prime Minister Shigeru Ishiba said he would stay in office despite another election defeat.

International Business Times · Jul 21, 2025

Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle

Alibaba Group (NYSE:BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, intensifying an already cutthroat battle for market share against JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

Benzinga · Jul 18, 2025

Could Alibaba Stock Be on the Rise? Here’s What Experts Say

GoBankingRates tapped the expertise of stock market and finance experts to provide insight -- here is what they said.

GOBankingRates · Jul 17, 2025

Howard Lutnick's Political Ties May Have Swayed Nvidia's AI Chip Sales to China — Report Claims

Howard Lutnick's political ties may have influenced Nvidia's AI chip sales to China, according to a report. Following a US-China détente, Nvidia resumed H20 chip shipments, reversing an earlier ban that caused a $4.5 billion writedown.

International Business Times UK · Jul 16, 2025

Alibaba Intensifies Instant Delivery Fight With New Campaign

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) is intensifying its efforts in China’s fiercely competitive instant delivery market by launching a new 100-day Super Saturdays campaign under its Taobao Shangou brand.

Benzinga · Jul 16, 2025

Nvidia's China Comeback Sparks Rally In Alibaba, Baidu, Tencent Shares

Chinese technology stocks surged on the Hong Kong Stock Exchange on Wednesday following the U.S. government’s decision to lift certain semiconductor export restrictions to China.

Benzinga · Jul 16, 2025

MP Materials, Nvidia, AMD, Alibaba And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The Nasdaq 100 reached new record highs on Tuesday, surpassing the 23,000 mark, driven by a rally in chipmakers such as Nvidia. Investors were optimistic about Nvidia and Advanced Micro Devices resuming certain chip sales to China.

Benzinga · Jul 16, 2025